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Financial Instruments, Financial Risks and Capital Risks Management (Tables)
 6 Months Ended
Jun. 30, 2024
Financial Instruments, Financial Risks and Capital Risks Management (Tables) [Line Items]  
Schedule of Financial Instruments at the End of the Reporting Period The following table sets out the financial instruments as at the end of the reporting period:
   December 31,
2023		   June 30,
2024		 
   RM   RM   USD 
Financial assets            
Loan and receivables (including cash and bank balances)   69,696,778    125,673,972    26,641,646 
Finance assets measured at fair value through other comprehensive income   38,368,829    44,375,928    9,407,260 
Finance assets measured at fair value through profit or loss   72,793    74,599    15,814 
                
Financial liabilities               
Financial liabilities, at amortised cost   22,862,227    22,809,055    4,835,296 
Financial liabilities, at fair value through profit or loss   1,964,335    7,614,909    1,614,286 
Schedule of Currency Exposure of Financial Assets and Financial Liabilities The currency exposure of financial assets and financial liabilities denominated in currencies other than the Group’s functional currency is as follows:
   Assets   Liabilities 
   December 31,
2023		   June 30,
2024		   December 31,
2023		   June 30,
2024		 
   RM   RM   RM   RM 
Singapore Dollar   15,101    21,020    
-
    6,000 
United States Dollar   7,123,179    23,613,396    1,416,836    350,167 
The following table details the sensitivity to a 5% increase and decrease in the related foreign currencies against the functional currency (“RM”) with all the other variables held constant.
   December 31,
2023		   June 30,
2024		 
   RM   RM 
Singapore Dollar   755    751 
United States Dollar   285,317    1,163,161 
Schedule of Current Credit Risk Grading Framework The Group’s current credit risk grading framework comprises the following categories:
Category   Description   Basis for
recognising ECL
Performing   The counterparty has a low risk of default and does not have any past-due amounts   12-month ECL
Doubtful   There has been a significant increase in credit risk since initial recognition   Lifetime ECL-
not credit-impaired
In default   There is evidence indicating the asset is credit impaired   Lifetime ECL - credit impaired
Write-off   There is evidence indicating that the debtor is in severe financial difficulty and the Company has no realistic prospect of recovery   Amount is written off
Schedule of Non-derivative Financial Liabilities The following table details the remaining contractual maturity for non-derivative financial liabilities. The tables have been drawn up based on the undiscounted cash flows of financial liabilities based on the earliest date on which the Group can be required to pay. The table includes both interest and principal cash flows.
   Weighted   On         
   average   demand         
   effective   or within   Within     
   interest rate   1 year   2 to 5 years   Total 
   %   RM   RM   RM 
As of June 30, 2024                
Non-interest bearing   
-
    21,026,860    
-
    21,026,860 
Fixed interest rate   3.5-5%   638,683    265,342    904,025 
Variable interest rate   BLR+2.6%   707,726    170,444    878,170 
Total        22,373,269    435,786    22,809,055 
                     
2023                    
Non-interest bearing   
-
    20,684,288    
-
    20,684,288 
Fixed interest rate   3.5-5%   680,916    878,224    1,559,140 
Variable interest rate   BLR+2.6%   43,668    81,282    124,950 
Total        21,408,872    959,506    22,368,378 

 
Schedule of Debt-to-Equity Ratio
   December 31,
2023		   June 30,
2024		 
   RM   RM   USD 
Total debts   22,862,227    22,809,055    4,835,296 
Total equity   92,969,863    236,801,277    50,199,539 
                
Debt-to-equity %   24.59%   9.63%   9.63%
Revenues [Member]  
Financial Instruments, Financial Risks and Capital Risks Management (Tables) [Line Items]  
Schedule of Total Accounts Receivable The following table sets forth a summary of single customers who represent 10% or more of the Group’s total revenue:
   June 30,
2023		   June 30,
2024		 
   RM   RM   USD 
Amount of the Group’s revenue:            
Customer A   19,712,300    928,221    196,774 
Customer B   NA*   NA*   NA*
Customer C   8,263,840    NA*   NA*
Customer D   NA*   NA*   NA*
*Revenue from relevant customer was less than 10% of the Group’s total revenue for the respective year.
Accounts receivable [member]  
Financial Instruments, Financial Risks and Capital Risks Management (Tables) [Line Items]  
Schedule of Total Accounts Receivable The following table sets forth a summary of single customers who represent 10% or more of the Group’s total accounts receivable:
   December 31,
2023		   June 30,
2024		 
   RM   RM   USD 
Amount of the Group’s revenue:            
Customer A   2,326,144    11,668,144    2,473,532